

We are getting volatile, hit trading inward the S&P 500 Index (SPY, tumble out chart), which is creating a publish of fake breakout moves. Meanwhile, pocket-sized cap stocks today (IWM, bottom) bring begun outperforming the large caps. I am interpreting all this activeness equally business office of an extended bottoming procedure that should bring large caps testing recent lows, alongside possible non-confirmations from other sectors too indicators. In the interim, we're finding it unsafe to chase short-term marketplace set moves inward this environment, equally volatile retracements terminate upward beingness painful. I conk on to sentry Cumulative TICK for clues equally to the eventual resolution of this hit trade. More to come upward inward my indicator postal service for this weekend.
.
No comments:
Post a Comment